Anglo American's (AAL) "Neutral" Rating Reaffirmed at JPMorgan Chase & Co.

Anglo American (LON:AAL - Get Free Report)'s stock had its "neutral" rating restated by investment analysts at JPMorgan Chase & Co. in a research note issued on Friday, MarketBeat.com reports.

A number of other equities analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Anglo American from GBX 2,900 ($36.35) to GBX 2,700 ($33.85) and set a "buy" rating for the company in a research report on Monday, September 9th. Berenberg Bank restated a "sell" rating and set a GBX 2,100 ($26.33) price objective on shares of Anglo American in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, Anglo American has an average rating of "Moderate Buy" and an average price target of GBX 2,715 ($34.04).

Anglo American Stock Performance

Anglo American stock traded up GBX 9 ($0.11) during midday trading on Friday, reaching GBX 2,359 ($29.57). 1,068,238 shares of the stock traded hands, compared to its average volume of 6,181,996. Anglo American has a fifty-two week low of GBX 1,630 ($20.43) and a fifty-two week high of GBX 2,813 ($35.26). The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. The firm has a market cap of £28.54 billion, a price-to-earnings ratio of -2,266.72, a PEG ratio of 2.05 and a beta of 1.10. The firm has a fifty day moving average price of GBX 2,299.62 and a two-hundred day moving average price of GBX 2,371.65.

Insiders Place Their Bets

In other news, insider Marcelo Bastos bought 1,200 shares of the company's stock in a transaction that occurred on Tuesday, September 24th. The stock was acquired at an average price of GBX 2,131 ($26.71) per share, for a total transaction of £25,572 ($32,057.16). Insiders acquired a total of 1,214 shares of company stock worth $2,587,104 over the last quarter. Company insiders own 9.78% of the company's stock.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.